Fundraising Ideas 2015 1 Many recognized student organizations choose to supplement their budget with fundraising. Before undertaking any fundraising activity, speak with your SA Advisor. Many types of fundraising activities require contracts, vending approval forms, licenses or permits, as well as additional help with planning. Fundraising can be a huge benefit to your organizations, and it is important to be ethical as you represent your organization, the cause you are raising money for, and your affiliation with the University. Below are some ideas for your organization to consider for fundraising. Membership Dues or Fees Make sure that any dues you charge organization members are fair and comply with the university’s non-discrimination policy and are clearly codified in your organization’s governing documents. Admission Charges/Suggested Donations This is an excellent way to cover event expenses. Work with Student Activities to devise a system for ticket distribution and money collection; the monitoring of both processes is essential. All receipts/revenue must be deposited in your university account within 24 hours of an event (or, for weekend events, on the following Monday). You can reserve a cashbox through Student Activities (Funds Collections Request Form). Sales of Goods or Services Bike washes, candy sales (as long as it is individually prepackaged after being professionally produced), flower sales, and singing telegrams are examples of ideas that are acceptable. If you plan to sell any goods or services on campus, you will need to talk to your Student Activities Advisor as vending permits may be required. Sponsoring Sales/Marketing Groups on Campus Student groups may sponsor an outside vendor to come to campus in order to sell items or market their products. Typically sponsoring student organizations will receive either a portion of the vendor’s profits, or a set minimum fee from the vendor. A Vending Approval Form (obtained from the University Center) must be completed and submitted to Student Activities with the Space Request. The application/Space Request must be submitted at least three weeks prior to when you would like the vendor to come to campus. The vendors cannot conflict with any pre-existing business arrangements/contracts that the university already has. If you have any questions, contact Student Activities. Fundraising Ideas 2015 2 Raffles A drawing or other random method of distributing prizes may be used for fund-raising only if a permit is obtained from the DC Lottery and Charitable Games Control Board. Work with your Student Activities Advisor to obtain the application materials. Please understand that this process can take up to a month to approve. Donations All student organizations fall under the university’s 501(c)(3) tax status and thus any student organization who wishes to solicit donations of money or in-kind services must work directly with Student Activities as their liaison to the Office of Development. (See Club Financials AU Tax Status Information) Other simple ideas Used book sale, garage sale, balloon sale, marathons, Student-Staff-Faculty talent show, art show, tournaments, haunted house, guess beans in jar, gift wrapping, karaoke night, bicycle-a-thon or any other “a-thon,” car wash, making and selling crafts are all ideas to explore with Student Activities.